Hydro Net Income from 2010 to 2026
| H Stock | CAD 57.94 0.30 0.52% |
Net Income | First Reported 2009-03-31 | Previous Quarter 421 M | Current Value 233 M | Quarterly Volatility 130.1 M |
Check Hydro One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hydro One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 810.2 M, Interest Expense of 461.7 M or Total Revenue of 6.9 B, as well as many indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0228 or PTB Ratio of 2.72. Hydro financial statements analysis is a perfect complement when working with Hydro One Valuation or Volatility modules.
Hydro | Net Income |
Evaluating Hydro One's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Hydro One's fundamental strength.
Latest Hydro One's Net Income Growth Pattern
Below is the plot of the Net Income of Hydro One over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Hydro One financial statement analysis. It represents the amount of money remaining after all of Hydro One operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Hydro One's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hydro One's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.34 B | 10 Years Trend |
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Net Income |
| Timeline |
Hydro Net Income Regression Statistics
| Arithmetic Mean | 905,982,633 | |
| Geometric Mean | 864,048,727 | |
| Coefficient Of Variation | 34.25 | |
| Mean Deviation | 229,071,083 | |
| Median | 796,000,000 | |
| Standard Deviation | 310,316,502 | |
| Sample Variance | 96296.3T | |
| Range | 1.3B | |
| R-Value | 0.65 | |
| Mean Square Error | 59846.2T | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | 39,700,093 | |
| Total Sum of Squares | 1540741.3T |
Hydro Net Income History
About Hydro One Financial Statements
Hydro One investors utilize fundamental indicators, such as Net Income, to predict how Hydro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.3 B | 886.7 M | |
| Net Income From Continuing Ops | 1.3 B | 1 B | |
| Net Income Applicable To Common Shares | 1.3 B | 984.8 M | |
| Net Income Per Share | 2.23 | 2.12 | |
| Net Income Per E B T | 0.85 | 0.70 |
Pair Trading with Hydro One
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hydro One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hydro One will appreciate offsetting losses from the drop in the long position's value.Moving against Hydro Stock
The ability to find closely correlated positions to Hydro One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydro One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hydro One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hydro One to buy it.
The correlation of Hydro One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hydro One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydro One moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hydro One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Hydro Stock
Hydro One financial ratios help investors to determine whether Hydro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydro with respect to the benefits of owning Hydro One security.